Choose the CORRECT statement regarding a commercial package policy (CPP).

A) A CPP typically charges a premium compared to purchasing the same coverages as individual policies.

B)

The businessowners policy (BOP) is often part of a CPP.

C)

A CPP features lower policy premiums than the combined premiums of several policies, each covering one type of risk exposure.

D)

A CPP complies with 75% coinsurance.